According to the public record, 1A, Prinsep Road, Hove is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 810 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1, Prinsep Road, Hove, BN3.
Prinsep Road, Hove, BN3 is located within the BN3 postal district.
1A, Prinsep Road, Hove has a single entry in the Land Registry database from December 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1A Prinsep Road Hove as £331,724 and the rental value as £1,603 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 1A Prinsep Road Hove has increased by £4,895 (1.5%) and its rental value has increased by £156 per month (9.8%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1A, Prinsep Road, Hove is in very good condition we estimate a sale value of £348,310 and rental value of £1,683 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £308,503 and a rental value of £1,491 per month.
If you were able to purchase this property for the estimated value of £331,724, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,630 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1A, Prinsep Road, Hove was last sold on 06 Dec 2013 for £270,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2013, the market for similar properties has risen 41.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1A, Prinsep Road, Hove within a radius of 380 metres over the last 2 years.
The most recent example is Flat 2, 17, Conway Place, Hove, BN3 3DW, a Leasehold flat which sold for £362,500 in Aug 2022.
Read more about house prices in BN3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prinsep Road, Hove, BN3 has a total of 56 addresses. According to our analysis of all the public data, 1A, Prinsep Road, Hove is the 43rd largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £168k less expensive than the average property in BN3.
The closest station to 1A, Prinsep Road, Hove is Aldrington station which is 200 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 1A, Prinsep Road, Hove, 38.9% of property is privately owned with a mortgage and 31.1% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1A, Prinsep Road, Hove, 18.2% of residents are recorded as possessing school level qualifications and 57.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1A, Prinsep Road, Hove, the average age was 36.8 and the most common age was 47.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1A, Prinsep Road, Hove, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1A, Prinsep Road, Hove, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.